ALL THE NEWS
Cobre Montana swoops early to tie up lithium technology
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has made its move 15 months before necessary to exercise an option for new processing license agreements Cobre explained the agreements will combine its mica-based lithium deposits near Coolgardie, Ravensthorpe and Southern Cross in Western Australia and the Cinovec project in the Czech Republic, with what it claims […]
Saracen ends FY with record gold quarter
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Saracen Mineral Holdings (ASX: SAR) announced it had beaten its annual gold production target of 145,000 to 155,000 ounces by hitting out 167,531 ounces of gold. The total was pumped up from record gold production achieved in the June Quarter of 46,563 ounces of gold from the company’s Carosue Dam gold mine […]
MOD Resources scores well in Mahumo Scoping Study
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: MOD Resources (ASX: MOD) has completed report scoping level metallurgical test work at the company’s Mahumo copper-silver project in South Africa. The testwork was carried out using bornite copper sulphide ores from the project and have, according to the company, exceeded results it achieved from shallower chalcocite ores, which were announced in […]
Stavely Minerals hits high-grade gold and copper at Ararat
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Stavely Minerals (ASX: SVY) articulated it had been encouraged by assay results it has received from a recent diamond drilling program completed at the company’s 100 per cent-owned Ararat project in western Victoria. The company said the results included high-grade gold intercepts as well as some impressive zones of VMS copper mineralisation. […]
Peel Mining charges up Mallee Bull
/in Resources Roadhouse, The Inside Story, Uncategorized /by Wally GrahamTHE INSIDE STORY: How do you surpass making a significant copper discovery? By making a potentially even-more-significant zinc-lead-silver-gold discovery, sitting on top of it. Copper-focused exploration play Peel Mining (ASX: PEX) came to prominence in 2012 when it announced the discovery of the Mallee Bull copper deposit, located within the Cobar Superbasin in central New […]
Cobre Montana producing steady-state lithium
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Cobre Montana (ASX: CXB) has started producing steady-state lithium carbonate from lithium based micas at Lepidolite Hill. The company maintains continuous testing to be an important step in the development of its disruptive lithium production technology. The new technology is based on recovery of lithium chemicals from micas, the most abundant lithium […]
BDO Report shows continuation of exploration decline
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The latest instalment in the Explorer Quarterly Cash Update series from accounting house BDO continues to paint an unpleasant landscape for the junior exploration sector. The last few reports from the series have shown a continual decline in the cash position of many ASX-listed mining, oil and gas explorers, which is hardly […]
Cardinal Resources drills entirely mineralised 99m hole at Namdini
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Cardinal Resources (ASX: CDV) announced results of the first drill hole to be completed within its recently-acquired area north of the Namdini Mining Licence, located within the company’s Namdini project in Ghana. The hole was drilled 400 metres north along strike at Namdini and, according to Cardinal, was mineralised from surface along […]
Azure IP Survey identifies strong IP anomalies
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Azure Minerals (ASX: AZS) has completed a geophysical survey on the company’s Alacrán project, located in the northern Mexican state of Sonora. This was the first modern IP survey to have been undertaken on the Alacrán project and Azure said it had provided a detailed, deep-looking coverage of the La Morita area. […]
What the Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: This week our team of experts run the ruler over Adriden Limited (ASX: ADV) and Diatreme Resources (ASX: DRX). Website: www.breakawayresearch.com Company: Ardiden Limited (ASX: ADV) Metallurgical beneficiation testwork completed on samples from the recent drilling campaign at the 100 per cent-owned Manitouwadge graphite project: Up to 80% of graphite classified […]